WEDNESDAY, NOVEMBER 2, 1988
SPEAKING AT THE OPENING
CHINESE
20
CEREMONY
OF THE
JOINTLY EXHIBITION
SERVICE AND THE UNIVERSITY APPOINTMENTS ORGANISED BY THE
FOR THE FUTURE IN AN CIVIL SERVICE BRANCH, SHE SAID THAT PLANNING
FRESH MINDS INCREASINGLY COMPLEX WORLD REQUIRED A CONSTANT INFLUX OF AND NEW IDEAS.
CHINESE UNIVERSITY AND PRINCIPAL SOURCE OF THIS INFLUX.
OTHER
SHE ADDED THAT THE GOVERNMENT LOOKED TO THE
TERTIARY INSTITUTIONS
GRADUATES OF THE TO SUPPLY THE
"THESE
ARE
EXCITING TIMES
HONG
AND
SIGNIFICANT
THE
FOR
KONG. WITH CONTINUED
AHEAD, POLITICAL DEVELOPMENT ECONOMIC GROWTH CHALLENGE FOR THE CIVIL SERVICE WILL CONTINUE TO BE CONSIDERABLE,
TERMS
OF JOBS
SATISFACTION
|| SHE ADDED.
"SO WILL THE REWARDS IN BEING A PART OF THE HONG KONG COMMUNITY,
AND OF
IN
SOME 27 GOVERNMENT DEPARTMENTS AND BRANCHES ARE TAKING PART
ON VARIOUS DEGREE THE TWO-DAY EXHIBITION WHICH DISPLAYS INFORMATION ENTRY GRADES WITHIN THE CIVIL SERVICE.
PROVIDING REGULATORS WITH TOOLS TO GET THE JOB DONE:
SECURITIES CONSULTANT
*
BILL
DRAFT PROVISIONS OF THE SECURITIES AND FUTURES COMMISSION
NECESSARY ARE AIMED AT GIVING THE REGULATOR THE TOOLS WHICH ARE TRULY
KONG, TO DO HIS JOB IN THE PRACTICAL CIRCUMSTANCES PREVAILING IN HONG
MR ROBERT OWEN, SAID TODAY THE GOVERNMENT SECURITIES CONSULTANT, (WEDNESDAY).
AT A SPEAKING
LUNCH MEETING OF THE FINANCIAL EXECUTIVES PRESENT THERE WAS A INSTITUES (HONG KONG) LIMITED, MR OWEN SAID AT
OF INVESTIGATION GIVEN то THE COMPLETE ABSENCE OF DETAILED POWERS
HIS COMMISSIONER FOR SECURITIES IN ANY OF THE ORDINANCES WHICH IT WAS DUTY TO ENFORCE.
SECURITIES ORDINANCE MR OWEN SAID ALTHOUGH SECTION 124 OF THE
THINKS GAVE THE COMMISSIONER POWER TO "MAKE SUCH INVESTIGATION AS HE
FRAUD, MISFEASANCE, EXPEDIENT" INTO BREACHES OF TRUST, DEFALCATIONS,
OF WHAT НЕ INSIDER TRADING AND OTHER OFFENCES, THERE WAS NO MENTION
IN THE PROCESS OF CARRYING MIGHT ACTUALLY DO OR NOT DO INVESTIGATIONS.
IN WORTHLESS LAUNCH ANY MAJOR
"THE SECTION HAS THEREFORE PROVED THE COMMISSIONER HAS BEEN UNABLE TO UNDER IT, HE SAID.
OUT SUCH
AND
PRACTICE INVESTIGATION
/MR OWEN